Boehner says his debt plan can pass House and Senate
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U.S. House Speaker John Boehner (R-OH) is pictured alongside other Republicans as he speaks to the press about U.S. debt reduction talks on Capitol Hill in Washington, July 25, 2011.
Credit: Reuters/Jason Reed
WASHINGTON |
WASHINGTON (Reuters) - House Speaker John Boehner, the top Republican in Congress, said Tuesday his two-stage deficit reduction plan could pass through the House and the Senate.
Boehner is advancing a plan that would start with an initial $1.2 trillion in savings over 10 years, but would only increase the debt limit for a few months. Senate Democrats have proposed a single-step plan to raise the debt ceiling through 2012 that would reduce the deficit by $2.7 trillion over the next decade.
(Reporting by Rachelle Younglai; Editing by Jackie Frank)
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President Obama knows – because he lives and dies by polls – that the public does not want to hear “how bad it could have been without me,” any longer. The People want the President to resist his ideological impulses trying to prove the impossible – Keynes was right.
This time BHO attempts to raise the “Republican” up as demon. I am not a Republican, but Republicans are fighting to stop this money train – the crazy squandering of the treasury in another progressive attempt to create Utopia. “If only I could spend more” things would be better” will not cut it any more.
The People want BHO to take responsibility to reverse the big spender DC mentality that is ruining the economy. The coffers are being depleted, mortgaging our children’s future without their consent. It is immoral and must stop now.
The public is aware of, and has had it with focus group and poll tested euphemisms blaming capitalism for the “mess that we’re in.” If anything has failed it is the tax and spend, regulate, and redistribute schemes that are the anchor around prosperity’s neck.
The public wants the current hostility toward business to come to an end; it is the source of our despair, for business creates productive jobs not government. The People want BHO to stop using crisis and brinksmanship to get his way – Armageddon and disaster are becoming boring lexicon.
The People want the massive spending to stop, we want printing money to stop and we want the borrowing from hostile nations to stop. The People want bailouts of corporations banks and unions to come to an end.
But it will not happen as long as this true Utopia believer is in office. He will keep doing the same thing expecting different results. It is insane.
So to survive, what BHO needs is a scapegoat to blame for the coming degrading of US international credit ratings, the dollar, and international credibility. He desperately wants plausible deniability for insanity’s results by inventing a narrative that Republicans screwed up the economy, rather than his irresponsible spending, bureaucratic expansion, taxation and draconian regulation.
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